- Cordoba Minerals (CDB) reported additional assay results from the ongoing initial in-fill drilling program at the San Matias Copper-Gold-Silver Project
- Cordoba has completed 25,929 metres in 127 diamond drill holes of the initial in-fill drilling campaign
- Hole ACD133, 150.60 metres from 40.45 metres to 191.05 metres, yielded 0.72 per cent copper, 0.27 g/t gold and 5.27 g/t silver, or 0.86 per cent copper equivalent
- Cordoba Minerals (CDB) is up 2.56 per cent, trading at C$0.40 per share as of 10:30 am ET
Cordoba Minerals (CDB) reported additional assay results from the ongoing initial in-fill drilling program at the San Matias Copper-Gold-Silver Project.
Cordoba has completed 25,929 metres in 127 diamond drill holes of the initial in-fill drilling campaign. This initial program is nearing completion, and the company stated it will be transitioning to focus on the peripheral in-fill areas of the Alacran Deposit to estimate the life of mine average grade of the deposit.
Significant intercepts:
- ACD133 – 150.60 metres from 40.45 metres to 191.05 metres with 0.72 per cent copper (Cu), 0.27 g/t gold (Au) and 5.27 g/t silver (Ag), or 0.86 per cent copper equivalent (CuEq), including:
- 44.38 metres from 46.33 metres to 90.71 metres with 1.48 per cent Cu, 0.62 g/t Au and 11.23 g/t Ag, or 1.81 per cent CuEq
- 16 metres from 114 metres to 130 metres with 0.87 per cent Cu, 0.41 g/t Au and 4.56 g/t Ag, or 1.09 per cent CuEq
Assay results continue to demonstrate high-grade copper-gold mineralization within the Alacran Deposit and confirm the strong correlation with the Pre-Feasibility Study (PFS) block model.
Cordoba’s President and CEO, Sarah Armstrong-Montoya, commented that as this initial drill program nears completion, the assay results continue to confirm the PFS block model and highlight the quality of the project.
“In addition, our teams are advancing the Feasibility Study technical program, Environmental Impact Assessment permitting, and community engagement activities to move the project forward to the next milestone.”
Cordoba Minerals Corp. (CDB) is focused on the exploration, development and acquisition of copper and gold projects in Colombia and the United States.
Cordoba Minerals (CDB) is up 2.56 per cent, trading at C$0.40 per share as of 10:30 am ET.